Thailand Makes Fresh Commitments
To Reform in IMF Letter of Intent

BANGKOK, Thailand -- The Thai government Tuesday approved a letter of intent outlining economic and policy targets, legislative reforms, public-works and social-development programs for the sixth quarter of a $17.2 billion International Monetary Fund rescue package.

Pitak Intrawityanunt, a spokesman for the prime minister's office, said the government and IMF are forecasting 1% growth in gross domestic product in 1999, following a contraction of around 7% this year. The government has said it expects a continuing...